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    Wednesday, February 14, 2007

    Clearwire Sets IPO Terms


    Kirkland, Washington-based Clearwire has set terms of the firm's IPO, saying in a SEC filing that the company is looking to raise up to $575M on the Nasdaq Global Market as CLWR. The firm said it will offer 20,000,000 shares of the firm's stock at a price between $23.00 and $25.00 per share. The amount being raised is an increase from earlier filings, where the firm indicated it would look to raise up to $400M in the IPO. The lead underwriters on the deal are Merrill Lynch & Co., Morgan Stanley, and JPMorgan.
    posted on Wednesday, February 14, 2007


    Related companies:
    Clearwire

    Related stories:
    > Clearwire Yanks IPO
    > Clearwire Expands Into Charlotte, N.C.
    > Clearwire Taps Google Apps
    > Clearwire Launches In Spain
    > Clearwire Raises $900M
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